JOHN BUTLER: THE REAL EARTHQUAKE IN FINANCIAL MARKETS IS YET TO COME
SilverDoctors.com
NOVEMBER 1, 2013
In part 1 of this supurb interview with Lars Schall, London based investment manager and author John Butler discussed how the dollar reserve equilibrium is breaking down as the world moves away from the US dollar as reserve currency, and towards gold and the yuan.
In this MUST WATCH 2nd installment, Butler discusses the ongoing collapse of the paper gold market; the prospect of trading nations refusing paper money in exchange for their exports; what a gold bubble would look like, and why the euro won’t survive in its current form.
Butler points out that all major earthquakes are preceded by a pattern of smaller earthquakes:
“2008 was a fore-shock! It wasn’t the real earthquake. The real earthquake is when paper currencies are repudiated internationally! When China, Russia, etc simply refuse to accept paper money for exports. That’s the big earthquake! The real financial earthquake is yet to come!”
The Rest…HERE
